A market-friendly April
employment report has Wall Street's major stock indices trending higher, but the battered bond market still can't get much going.
The benchmark 30-year Treasury jumped just after the 8:30 a.m. EDT jobs release but lately was up just 3/32 to 92 14/32, its yield at 5.79%.
Dow Jones Industrial Average
was up 19 to 10,965 and the
was up 5 to 1337. The tech-spiced
Nasdaq Composite Index
was up 23 to 2496.
TheStreet.com Internet Sector
index was up 13 to 625. The
was up 2 to 435.
Most Up at Open -- NYSE
The company late
yesterday posted earnings in line with expectations;
Warburg Dillon Read
today upped it to buy from hold.
Most Up at Open -- Nasdaq
QLogic (QLGC) , up 11 1/2 to 87 3/8:
The company late yesterday reported stronger-than-expected earnings.
Most Down at Open -- NYSE
Most Down at Open -- Nasdaq
VerticalNet (VERT) , down 2 1/8 to 100 1/8.